MSC Industrial (MSM) Tops Q1 EPS by 1c, Q2 Outlook Misses Views
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MSC Reports Fiscal 2019 First Quarter Results
January 9, 2019 6:30 AM ESTMELVILLE, N.Y. and DAVIDSON, N.C., Jan. 9, 2019 /PRNewswire/ --
FISCAL Q1 2019 HIGHLIGHTS
Net sales of $831.6 million, an 8.2% YoY increase, with 230 basis points of acquisitive growth Operating income of $103.0 million, an increase of approximately 4% YoY Operating margin of 12.4% (12.6% excluding acquisition*) Diluted EPS of $1.33, $0.02 above the guidance midpoint, and versus $1.05 in the prior year quarter